Common use of FINANCIAL OBLIGATIONS OF CITY Clause in Contracts

FINANCIAL OBLIGATIONS OF CITY. All financial obligations of the City under this Agreement are contingent upon appropriation, budgeting, and availability of specific funds to discharge such obligations. Nothing in this Agreement shall be deemed a pledge of the City's credit or a payment guarantee by the City to the Contractor. If appropriated funds are not available, both parties shall be relieved of their obligations hereunder.

Appears in 2 contracts

Samples: Agreement for Economic Development Services, 2018 Agreement for Economic Development Services

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FINANCIAL OBLIGATIONS OF CITY. All financial obligations of the City under this Agreement are contingent upon appropriation, budgeting, and availability of specific funds to discharge such obligations. Nothing in this Agreement shall be deemed a pledge of the City's credit credit, the creation of any multiple, fiscal-year obligation, or a payment guarantee by the City to the ContractorCounty. If In the event appropriated funds are not available, both parties Parties shall be relieved of their obligations hereunder.

Appears in 2 contracts

Samples: Services Intergovernmental Agreement, Services Intergovernmental Agreement

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FINANCIAL OBLIGATIONS OF CITY. All financial obligations of the City under this Agreement Contract are contingent upon appropriation, budgeting, and availability of specific funds to discharge such obligations. Nothing in this Agreement Contract shall be deemed a pledge of the City's ’s credit or a payment guarantee by the City to the Contractor. If appropriated funds are not available, both parties shall be relieved of their obligations hereunder.

Appears in 1 contract

Samples: Contract for Services

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